$115,000
SOLD APR 18, 2016

503 Corey Ln Champaign, IL 61822

2 Beds
2 Baths
1,000 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Fenced Yard
  • Central High School Rated A
  • Walk-In Pantry
  • Porch

About This Home

As of August 2021

This home is located at 503 Corey Ln, Champaign, IL 61822 and is currently priced at $115,000, approximately $115 per square foot. This property was built in 2006. 503 Corey Ln is a home located in Champaign County with nearby schools including Central High School, Judah Christian School, and The High School of Saint Thomas More.

Last Agent to Sell the Property

Tom Mohr

RYAN DALLAS REAL ESTATE License #475131093 Listed on: 02/11/2016

Last Buyer's Agent

Liz Jones

LIZ JONES REAL ESTATE License #471001095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,741

Year Built

  • 2006

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Vaulted Ceiling

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • North or South Exposure
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,741

Year Built

2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1000
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Vaulted/Cathedral Ceilings
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Built-in, Oven/Range, Refrigerator, Washer
  • Equipment: TV-Dish, TV-Cable, CO Detectors
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1000
  • Estimated Total Finished Sq Ft: 1000
  • Main Level Sq Ft: 1000

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio, Porch
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 1

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Heat Pump

Schools

  • Elementary School: SOC
  • Middle School: CALL UNT 4 351-3701
  • High School: CENTRAL

Lot Info

  • Lot Dimensions: 51.9X103.5
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 411436106003

Tax Info

  • Taxes: 2681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 20, 2021
Sold by
Jones Miranda L
Bought by
Opena Arvin Colico and Mari Peachy Mae
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
List Price
$144,900
Sold Price
$155,000
Premium/Discount to List
$10,100
6.97%
Current Estimated Value
$197,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,308
Avg. Annual Appreciation
5.54%
Original Mortgage
$124,000
Outstanding Balance
$97,352
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$94,248

Purchase Details

Listed on
Feb 11, 2016
Closed on
Apr 14, 2016
Sold by
John Kyle and John Stephanie L
Bought by
Jones Miranda L
Seller's Agent
Tom Mohr
RYAN DALLAS REAL ESTATE
Buyer's Agent
Liz Jones
LIZ JONES REAL ESTATE
List Price
$117,300
Sold Price
$115,000
Premium/Discount to List
-$2,300
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$97,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2012
Sold by
Morstatter Kenneth L and Morstatter Kimberly A
Bought by
John Kyle and Feldkamp Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2006
Sold by
Atkins Clinton C
Bought by
Morstatter Kenneth L and Norris Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,130
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Attorney
Warranty Deed $115,000 Attorney
Warranty Deed $103,000 None Available
Warranty Deed $119,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Previous Owner $97,750 New Conventional
Previous Owner $101,134 FHA
Previous Owner $3,090 Stand Alone Second
Previous Owner $14,000 Unknown
Previous Owner $111,130 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $155,000 +7.0% $155 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $144,900 +26.0% $145 / Sq Ft
04/18/2016 04/18/16 Sold $115,000 -2.0% $115 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $117,300 -- $117 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,741 $52,130 $14,160 $37,970
2023 $3,741 $47,480 $12,900 $34,580
2022 $3,476 $43,800 $11,900 $31,900
2021 $3,382 $42,940 $11,670 $31,270
2020 $3,272 $41,690 $11,330 $30,360
2019 $3,157 $40,840 $11,100 $29,740
2018 $3,078 $40,200 $10,930 $29,270
2017 $3,015 $39,370 $10,700 $28,670
2016 $2,693 $38,560 $10,480 $28,080
2015 $2,704 $37,870 $10,290 $27,580
2014 $2,681 $37,870 $10,290 $27,580
2013 $2,657 $37,870 $10,290 $27,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09424932

Midwest Real Estate Data (MRED)

APN: 41-14-36-106-003